How to read this VOLUME chart ?

Discussion in 'Technical Analysis' started by etradeqeko, Aug 9, 2018.

  1. Is that "tic volume bars?"
     
    #71     Aug 13, 2018
  2. speedo

    speedo

    Number of transactions but not much different to constant volume
     
    #72     Aug 13, 2018
  3. That's OK... but recognize your tic volume charts are telling you the same as "time" charts... that is the high-low for a given "period"... whether that period is measured in number of contracts traded or number of seconds.

    The major benefit of very short term bars... is "number of times* a support/resistance price has held." Shows up most in tic charts.

    * 4 or 5, even better. Likely seen only on tic charts.
     
    #73     Aug 13, 2018
  4. speedo

    speedo

    Yes, give me a minute and I'll post a chart.
     
    #74     Aug 13, 2018
    padutrader likes this.
  5. padutrader

    padutrader

    no do not have more than 10 usd
     
    #75     Aug 13, 2018
  6. No worries. Every trader "gets it when he does", if ever.
     
    #76     Aug 13, 2018
  7. speedo

    speedo

    upload_2018-8-13_12-49-43.png
     
    #77     Aug 13, 2018
  8. What did the double stochastics do for you there? The entry?

    ES

     
    #78     Aug 13, 2018
  9. padutrader

    padutrader

    as long as my dog is with me i do not care! 12359846_10208408074068236_8804370728829878075_n.jpg
     
    #79     Aug 13, 2018
    ElectricSavant likes this.
  10. p0box4

    p0box4

    Interesting, some time ago he posted he was training Goldman Sachs employees on how to use volume.

    Maybe ET should implement a bullshit indicator so other forum members can estimate if the person they are replying to or having a discussion with is at least a little bit credible.
     
    #80     Aug 13, 2018
    Gotcha likes this.